$ 1,500,000
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$1,500,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing 276548028 - 63059403
Amazing 7 Unit Multifamily Jewel Available! New Roof and New Impact Windows, 100% occupied with long term tenants since the owner purchased the building and updated. The unit mix consists of 3 - 2/1’s , 3 - 1/1’s and 1 large studio. Easy rent collection and Seller also easily self-manages the property. The Current Gross Income is $123,600. There is room to increase the rents and the Projected Gross Income will be $147,000. Annual Expenses are $35,163 which include Property Taxes:$19543, Water/Sewer:$7200, Insurance $5000, Lawn $720. Electric is paid by Tenants. Current 6.04% cap , ProForma 7.40% cap. Seller has done all the hard work for the new Buyer! Collect Income right away with no work needed. Cash Cow!!
Listing Highlights for 620 SW 7th Street 1-7
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor: Ceramic Tile,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 9
- Lot Dimensions: 14096
- Zoning: B-3
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $19,534
- Taxes w/Assessments: N/A
- Tax/Property ID: 494202031150
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
620 SW 7th Street 1-7 Pompano Beach, FL 33060
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